.uk Cost of .uk domain names to rise 50% from 2016

[Arpit131]

The cost of UK domain names is going to rise by 50 percent from 2016, Nominet has said.

The organisation, which is the official registry for all UK domain names, decided to hike the price of wholesale domains it sells to ensure it is able to "compete in a promotion-driven industry".

Price changes, which will see the cost for a name rise from £2.50 per year to £3.75, will affect all .uk domain names, including: co.uk, org.uk and me.uk, from 1 March 2016.

However members of Nominet, which is an umbrella group, have said the "average two year .uk registration" that's paid by customers will increase from £6 to £9, including VAT.

Source

 

[Coldtrigger]

It'll be interesting to see how this will roll out to the average registrant. It's a strange move from a non profit organisation who already have to deal with a surplus of money coming their way.